Magnum Ice Stock Forward View - 8 Period Moving Average
| MICC Stock | 13.44 0.04 0.30% |
Magnum Stock outlook is based on your current time horizon.
The relative strength index (RSI) of Magnum Ice's share price is above 70 at this time. This indicates that the stock is becoming overbought or overvalued. The idea behind Relative Strength Index (RSI) is that it helps to track how fast people are buying or selling Magnum, making its price go up or down. Momentum 73
Buy Stretched
Oversold | Overbought |
EPS Estimate Current Year 0.9415 | EPS Estimate Next Year 0.8346 | Wall Street Target Price 15.1733 | Quarterly Revenue Growth (0.04) |
Using Magnum Ice hype-based prediction, you can estimate the value of The Magnum Ice from the perspective of Magnum Ice response to recently generated media hype and the effects of current headlines on its competitors.
The 8 Period Moving Average forecasted value of The Magnum Ice on the next trading day is expected to be 13.62 with a mean absolute deviation of 0.55 and the sum of the absolute errors of 27.40. Magnum Ice after-hype prediction price | EUR 13.44 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Magnum |
Magnum Ice Additional Predictive Modules
Most predictive techniques to examine Magnum price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Magnum using various technical indicators. When you analyze Magnum charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Magnum Ice 8 Period Moving Average Price Forecast For the 3rd of March
Given 90 days horizon, the 8 Period Moving Average forecasted value of The Magnum Ice on the next trading day is expected to be 13.62 with a mean absolute deviation of 0.55, mean absolute percentage error of 0.55, and the sum of the absolute errors of 27.40.Please note that although there have been many attempts to predict Magnum Stock prices using its time series forecasting, we generally do not suggest using it to place bets in the real market. The most commonly used models for forecasting predictions are the autoregressive models, which specify that Magnum Ice's next future price depends linearly on its previous prices and some stochastic term (i.e., imperfectly predictable multiplier).
Magnum Ice Stock Forecast Pattern
| Backtest Magnum Ice | Magnum Ice Price Prediction | Research Analysis |
Magnum Ice Forecasted Value
In the context of forecasting Magnum Ice's Stock value on the next trading day, we examine the predictive performance of the model to find good statistically significant boundaries of downside and upside scenarios. Magnum Ice's downside and upside margins for the forecasting period are 10.36 and 16.89, respectively. We have considered Magnum Ice's daily market price to evaluate the above model's predictive performance. Remember, however, there is no scientific proof or empirical evidence that traditional linear or nonlinear forecasting models outperform artificial intelligence and frequency domain models to provide accurate forecasts consistently.
Model Predictive Factors
The below table displays some essential indicators generated by the model showing the 8 Period Moving Average forecasting method's relative quality and the estimations of the prediction error of Magnum Ice stock data series using in forecasting. Note that when a statistical model is used to represent Magnum Ice stock, the representation will rarely be exact; so some information will be lost using the model to explain the process. AIC estimates the relative amount of information lost by a given model: the less information a model loses, the higher its quality.| AIC | Akaike Information Criteria | 97.2992 |
| Bias | Arithmetic mean of the errors | 0.0024 |
| MAD | Mean absolute deviation | 0.548 |
| MAPE | Mean absolute percentage error | 0.0385 |
| SAE | Sum of the absolute errors | 27.3987 |
Predictive Modules for Magnum Ice
There are currently many different techniques concerning forecasting the market as a whole, as well as predicting future values of individual securities such as Magnum Ice. Regardless of method or technology, however, to accurately forecast the stock market is more a matter of luck rather than a particular technique. Nevertheless, trying to predict the stock market accurately is still an essential part of the overall investment decision process. Using different forecasting techniques and comparing the results might improve your chances of accuracy even though unexpected events may often change the market sentiment and impact your forecasting results.Magnum Ice After-Hype Price Density Analysis
As far as predicting the price of Magnum Ice at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Magnum Ice or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Magnum Ice, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Magnum Ice Estimiated After-Hype Price Volatility
In the context of predicting Magnum Ice's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Magnum Ice's historical news coverage. Magnum Ice's after-hype downside and upside margins for the prediction period are 10.18 and 16.70, respectively. We have considered Magnum Ice's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models compare with traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Magnum Ice is somewhat reliable at this time. Analysis and calculation of next after-hype price of Magnum Ice is based on 3 months time horizon.
Magnum Ice Stock Price Outlook Analysis
Have you ever been surprised when a price of a Company such as Magnum Ice is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Magnum Ice backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Magnum Ice, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.12 | 3.26 | 0.00 | 1.42 | 5 Events / Month | 3 Events / Month | In about 5 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | |
13.44 | 13.44 | 0.00 |
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Magnum Ice Hype Timeline
Magnum Ice is now traded for 13.44on Euronext Amsterdam of Netherlands. The entity stock is not elastic to its hype. The average elasticity to hype of competition is -1.42. Magnum is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is over 100%. The immediate return on the next news is projected to be very small, whereas the daily expected return is now at 0.12%. %. The volatility of related hype on Magnum Ice is about 27.48%, with the expected price after the next announcement by competition of 12.02. About 27.0% of the company outstanding shares are owned by corporate insiders. The company has Price/Earnings To Growth (PEG) ratio of 1.55. Magnum Ice had not issued any dividends in recent years. Assuming the 90 days trading horizon the next projected press release will be in about 5 days. Check out Historical Fundamental Analysis of Magnum Ice to cross-verify your projections.Magnum Ice Related Hype Analysis
Having access to credible news sources related to Magnum Ice's direct competition is more important than ever and may enhance your ability to predict Magnum Ice's future price movements. Getting to know how Magnum Ice's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Magnum Ice may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| ASRNL | ASR Nederland NV | (2.50) | 5 per month | 1.03 | 0.02 | 1.63 | (1.53) | 5.57 | |
| BRBR | Bellring Brands LLC | (0.10) | 7 per month | 0.00 | (0.18) | 4.89 | (7.72) | 26.39 | |
| DSFIR | DSM Firmenich AG | (1.58) | 4 per month | 0.00 | (0.18) | 1.59 | (2.57) | 13.96 | |
| GIS | General Mills | (0.22) | 7 per month | 0.00 | (0.09) | 3.05 | (2.51) | 11.29 | |
| KHC | Kraft Heinz Co | 0.46 | 8 per month | 0.00 | (0.06) | 2.11 | (2.68) | 9.17 | |
| LOTB | Lotus Bakeries | 0.00 | 0 per month | 0.83 | 0.24 | 3.25 | (1.74) | 6.80 | |
| NESN | Nestl SA | (0.03) | 1 per month | 0.89 | 0 | 1.94 | (1.43) | 4.86 | |
| NSRGF | Nestle SA | (103.01) | 2 per month | 1.45 | 0.04 | 2.84 | (2.12) | 6.64 | |
| SHELL | Shell PLC | 0.21 | 9 per month | 1.34 | 0.07 | 2.46 | (2.29) | 6.76 |
Other Forecasting Options for Magnum Ice
For every potential investor in Magnum, whether a beginner or expert, Magnum Ice's price movement is the inherent factor that sparks whether it is viable to invest in it or hold it better. Magnum Stock price charts are filled with many 'noises.' These noises can hugely alter the decision one can make regarding investing in Magnum. Basic forecasting techniques help filter out the noise by identifying Magnum Ice's price trends.Magnum Ice Related Equities
One of the popular trading techniques among algorithmic traders is to use market-neutral strategies where every trade hedges away some risk. Because there are two separate transactions required, even if one position performs unexpectedly, the other equity can make up some of the losses. Below are some of the equities that can be combined with Magnum Ice stock to make a market-neutral strategy. Peer analysis of Magnum Ice could also be used in its relative valuation, which is a method of valuing Magnum Ice by comparing valuation metrics with similar companies.
| Risk & Return | Correlation |
Magnum Ice Market Strength Events
Market strength indicators help investors to evaluate how Magnum Ice stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Magnum Ice shares will generate the highest return on investment. By undertsting and applying Magnum Ice stock market strength indicators, traders can identify The Magnum Ice entry and exit signals to maximize returns.
Magnum Ice Risk Indicators
The analysis of Magnum Ice's basic risk indicators is one of the essential steps in accurately forecasting its future price. The process involves identifying the amount of risk involved in Magnum Ice's investment and either accepting that risk or mitigating it. Along with some essential techniques for forecasting magnum stock prices, we also provide a set of basic risk indicators that can assist in the individual investment decision or help in hedging the risk of your existing portfolios.
| Mean Deviation | 2.14 | |||
| Semi Deviation | 3.63 | |||
| Standard Deviation | 3.29 | |||
| Variance | 10.83 | |||
| Downside Variance | 14.36 | |||
| Semi Variance | 13.21 | |||
| Expected Short fall | (2.22) |
Please note, the risk measures we provide can be used independently or collectively to perform a risk assessment. When comparing two potential investments, we recommend comparing similar equities with homogenous growth potential and valuation from related markets to determine which investment holds the most risk.
Story Coverage note for Magnum Ice
The number of cover stories for Magnum Ice depends on current market conditions and Magnum Ice's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Magnum Ice is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Magnum Ice's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Magnum Ice Short Properties
Magnum Ice's future price predictability will typically decrease when Magnum Ice's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of The Magnum Ice often depends not only on the future outlook of the potential Magnum Ice's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Magnum Ice's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 612.3 M | |
| Cash And Short Term Investments | 179 M | |
| Shares Float | 488.3 M |
Additional Tools for Magnum Stock Analysis
When running Magnum Ice's price analysis, check to measure Magnum Ice's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Magnum Ice is operating at the current time. Most of Magnum Ice's value examination focuses on studying past and present price action to predict the probability of Magnum Ice's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Magnum Ice's price. Additionally, you may evaluate how the addition of Magnum Ice to your portfolios can decrease your overall portfolio volatility.